Michael Burry: “The CPI news this morning was so awful the weakest sector broke. In bond jargon, MBS went no-bid. No buyers for MBS.

Sharing is Caring!

View post on imgur.com

Cassandra B.C.
@michaeljburry

Transitory, no. Peak, no. To the moon? If you mean a cold
dark place.

“The CPI news this morning was so awful that it changed the
bond market’s view of Fed trajectory, and the weakest sector
broke. In bond jargon, MBS went “no-bid.” No buyers for MBS.”

www.cherrycreekmortgage.com/lous-credit-news


h/t dr0id

See also  Mr. Freeze! Natural Gas Futures UP 5.53% This Morning (UP 255% Under Biden), Housing Square Footage Goes Up With Fed Easing (Stay Warm!)
Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  Market Insider briefly shows DOW at ZERO (-31,392.79 down 100%) this morning.

Views: 863

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.